London-based Fortrade Limited, based in London, in 2024, based on London, based on retail trade and CFDS Broker Limited, indicating that the company saw a slight increase in both the top and the lower line, although at least below the company’s best years.
Revenue from Fortrade amounted to £ 21.2 million in 2024, increased by 7% from £ 19.8 million in 2023, however, followed the best of £ 32.3 million in 2022. Net profit for 2024 was £ 1.37m.
Fortrade was founded in 2013 and received the FCA license next year. The company installed a new CEO in mid -2020, former executive LMAX and Citifx Chris Warburton.
The company said it is still looking for opportunities abroad, although managers expect the group’s future profitability come mainly from its existing basic market.
In addition to the United Kingdom company, the Fortrade Group has a licensee in Australia and Canada and a offshore business residing in Mauritius. The company has a Back Office business in Israel, Fort Securities Israel Ltd. Fortrade, also set up a subsidiary in Cyprus in 2019, Fortress Cyprus Ltd and received a CYSEC license in mid-2020 as part of its plan to prepare for Brexit and be able to serve EU customers with Passporting EU-UK in 2021.
Fortrade is controlled by the Liechtenstein Audina Treuhand AG -based investment company.
The results account status and Fortrade Limited’s balance sheet follows below.
